Regional and subregional economic cooperation

It could be argued that regional economic cooperation was the ultimate raison d’être of ECAFE. Previous chapters have shown how most developing countries in Asia and the Pacific, many of which had been either formal or informal colonies of European powers or Japan, took their destinies into their own hands, and through a half-century of effort forged alliances that enabled much more intimate economic cooperation and relations among themselves than ever before. If those national, subregional and regional relations were to benefit everybody, many of the sources of inequality and deprivation of capability would have to be tackled through concerted action.

Related Subject(s): Economic and Social Development